๐Ÿšจ UAE Secures Its Spot as the 4th Largest Government #Bitcoin Holder โ€“ $740M in Reserves! ๐Ÿ‡ฆ๐Ÿ‡ช

๐ŸŸ  According to Arkham Intelligence, the UAE now controls 6,333 BTC through Citadel Mining, a state-backed entity. This move pushes the UAE into the global top four, just behind the US, China, and the UK.

๐ŸŒ Unlike other nations that built reserves through seizures, the UAE is taking a proactive approach:

โœ… Direct Bitcoin mining, not market purchases

โœ… Partnerships with Phoenix Group for sustainable infrastructure

โœ… Strategic alignment with the UAEโ€™s economic diversification vision

๐Ÿ“ข This is more than accumulationโ€”itโ€™s a blueprint for national crypto strategy. With favorable regulations and large-scale mining operations, the UAE is positioning itself as a leader in digital assets and energy-efficient mining.

๐Ÿ’ก Will this spark a global trend of state-backed mining instead of market accumulation?

#Crypto #UAE #DigitalAssets #Blockchain

https://coingape.com/uae-becomes-fourth-largest-government-bitcoin-reserve/?utm_source=bnb&utm_medium=coingape